Answer:
Ans: $ 3900
The correct answer is :
Explanation:
Explanation:
1) For 2018 phaseout limit for AGI is $ 200,000
2) The credit phaseout by $ 50 for each $1000 of MAGI Over thereshold.
3) $ 211,200 - $ 200,000 = $11200
4) $11,200 ÷ $ 1000 = 11.2
= $ 12 (Round it off )
5) $ 12 × $ 50 = $ 600 phase out
6) Child Credit Per child is $ 2000.
7) ( 2 kids x 2,000 each ) - 600 = 3,400
8) 3,400 + 500 (1 kid 17 and over ) = 3,900
Answer:
a single firm producing a product for which there are no close substitutes.
Explanation:
A pure monopoly is a single supplier having a market or industry i.e. defined. The firm should be considered as an industry also in this there is no competitor or any subsitution existed. It can be arise at the time when the market share of the one firm is more than 90%
So as per the given situation, the above represent the answer
Answer:
Direct material quantity variance= $992 unfavorable
Explanation:
Giving the following information:
Standard quantiy= 8kg
Standard cost= $0.8 per kilogram
Production= 870 unit
8,200 kilograms of the raw material was purchased for $6,888.
To calculate the material quantity variance, we need to use the following formula:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Standard quantity= 870*8= 6,960kg
Direct material quantity variance= (6,960 - 8,200)*0.8
Direct material quantity variance= $992 unfavorable
Answer:
increase both aggregate supply and real output.
Explanation:
A rise in productivity makes it possible for each and every firm to rise the greater amount of output. due to this aggregate supply will rise which will lead to increase in the real output.
Also the rise in productivity increase the aggregate supply and the AS curve would be shifted to right that rise the real output but reduce the level of the price in the new equilibrium output level
Therefore the above represent the answer
